Upbound Group Lands Zacks Strong Sell Ranking as Earnings Outlook Slips 3.9%
Upbound Group, a lease-to-own provider operating in the United States, Puerto Rico and Mexico, was added to the Zacks Rank #5 Strong Sell list on Feb. 13. Analysts cut the consensus estimate for its next fiscal year earnings by 3.9% over the last 60 days, signaling concerns over profitability.
1. Strong Sell Designation
Upbound Group was placed on the Zacks Rank #5 Strong Sell list on Feb. 13, marking it among the least favored equities by analysts.
2. Regional Operations
The company operates lease-to-own services in the United States, Puerto Rico and Mexico, offering consumer electronics and household goods ownership plans.
3. Earnings Estimate Revision
Analysts have trimmed the consensus estimate for Upbound’s next fiscal year earnings by 3.9% over the past 60 days, indicating potential headwinds to profitability.